Hi Everyone!
Resident individuals (but not permanently resident in India) can remit up to net salary after deduction of taxes. However, if he has exhausted the limit of USD 2,50,000 as net salary remittance and desires to remit any other income under LRS is it permissible as the limit will be over and above USD 2,50,000?
Hi Everyone!
Whether NBFCs as trading member can participate in the IRF market only for hedging or can also take trading position?
Hi Folks!
Whether acquisition/ transfer of shareholding of 26 per cent or more of the paid up equity capital of an NBFC within the same group i.e. intra group transfers require prior approval of the Bank?
Sharing for knowledge.
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Hello Professionals
How will the surplus be treated in case of winding up of Section
8 Company?
Hello Everyone
In case the subscriber to the memorandum is a foreign national
residing outside India, his signatures and address, etc. shall be
witnessed by a Notary Public/Embassy/Consulate offices of
Embassies as per the Rule 13 of the Companies (Incorporation)
Rules, 2014. In such cases, how can the DSC of such a witness
be affixed?
Hi All
What is the due date to intimate the ROC for change in the situation of the registered office of the company?
Hello Professionals
Peer Ltd. took over the running business of a Ramu, a sole proprietor by a sale deed. As per the sale deed, Peer Ltd. undertook to pay overriding charges of Rs. 15,000 p.a. to Ramu’s wife in addition to the sale consideration. The sale deed also specifically mentioned that the amount was charged on the net profits of Peer Ltd., who had accepted that obligation as a condition of purchase of the going concern. Examine, in the light of decided case law that whether the payment of overriding charges by Peer Ltd. is in the nature of diversion of income or application of income.
Hello everyone.
In case the subscriber to the memorandum is a foreign national
residing outside India, his signatures and address, etc. shall be
witnessed by a Notary Public/Embassy/Consulate offices of
Embassies as per the Rule 13 of the Companies (Incorporation)
Rules, 2014. In such cases, how can the DSC of such a witness
be affixed?
Hello Professionals
Does establishing a company in your jurisdiction grant any kind of residency rights? are there any conditions that in order to receive these residency rights ( if applicable ) one must partner or establish a joint venture with a local (for example a citizen of jurisdiction )?
Hello Professionals,
If two people are using the same mark and neither is registered, who has more rights?
Hello Professionals
whether compounding should be filed before or after filing Form INC 20A.Following declaration is given in Form INC20A-I declare that I’ve been duly engaged for the purpose of certification of this form.It is hereby certified that I have gone through the provisions of the Co.Act13 and Rules Co./applicant which is sub. matter of this form and found them to be true, correct, and complete and no info. material to this form has been suppressed